MCZ Mad Catz Interactive Inc (MCZ)

[TICKERTALKER]

I just started a position in this stock because it appears undervalued and largely undiscovered. The float is only about 50 million with this low price per share, and they are making money. It's not easy to find a company with 37 million in revenue in a quarter and turning a profit at only 61 cents per share. I listened to the latest conference call, and it sounds like management is positive about continued growth. Someone that knows the company and the video game business in general should take over as moderator and get this board buzzing! The PE ratio is currently small compared to other companies in the industry. This stock has a PE ratio of 6 while the industry average is 40. To me, this means that it would be a $4.00 per share stock if investors gained full confidence in it's future growth potential(.10 12 month trailing eps x 40 = $4.00.)